VOICED : Mexico adjudica dos campos petroleros de 14

VOICED : Mexico adjudica dos campos petroleros de 14

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

Mexico's first oil field auction in nearly 80 years resulted in only two of 14 fields being awarded, falling short of government expectations. Major companies like Exxon Mobil and Chevron opted out, leaving a local-led consortium to win the contracts. Of the 18 individual firms and 7 consortia eligible, only 9 submitted bids, none meeting the government's minimum requirements. Unawarded blocks will be retained by the state for future auctions. Companies must show financial guarantees within 48 hours, and contracts must be signed by August 21. This auction is the first of five in Mexico's energy reform, with future rounds offering deep-water and unconventional field opportunities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many oil fields were successfully awarded in Mexico's first auction in nearly 80 years?

Fourteen

Two

None

Seven

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which major companies decided not to participate in the Mexican oil field auction?

Exxon Mobil and Chevron

Petrobras and Gazprom

Shell and BP

Total and Eni

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many individual firms and consortia qualified to participate in the auction?

18 individual firms and 7 consortia

20 individual firms and 10 consortia

10 individual firms and 5 consortia

15 individual firms and 8 consortia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the oil blocks that are not awarded in the auction?

They are retained by the state for future auctions

They are sold to the highest bidder

They are abandoned

They are given to local companies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when must the contracts for the awarded oil fields be signed?

Before August 21

Before September 1

Before July 31

Before October 15